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20120927
20120927
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's possible, that time is not unlimited. i thought it was a warning to the iranian government is a difficult deal with. i thought it was a important speech that the president gave yesterday in my. >> >> host: how about mitt romney can, you assess from what yoaf heard and have seen over the months. is there anything close to what you might call a romney doctrine on foreign policy? how would you encaps late it? >> guest: he it a smart and successful person. he's been talking about foreign policy. it's not the issue he wants to emphasis in the campaign. he wants the campaign to be obviously about the economy and about our unemployment rate. and it's an unusual position for republican to be in to be running against democrat who has a strong record on national security. i think that's been difficult for the romney campaign, you know, i have worked for both republicans and democrats in various administrations, so i'm not a political person. but if seems to me that republicans always try to run to the right of a democrat and sometimes accuse democrats of being weak on national security. on this ele
that to? >> i think we are at a fiscal and economic cliff. i think we have pursued government spending programs that have created a debt that is out of control. at the convention come after talking, i went home to my hotel at 1:30 a.m. and i was looking on my iphone at twitter. and the comedian paula pound stone had sent a tweet that evening. i don't know her, but she said " ted cruz just said that, when his daughter was born, the debt was $5 trillion and now it is $16 trillion. what the heck did she do?" [laughter] >> you think the debt is putting the nation in crisis. >> along with government spending, is causing the dead. we have seen a growing expansion in the power of the federal government. it is crippling small businesses. >> you are the national co-chair of the obama-bided campaign. >> i would put the challenge that we have as a nation in a different context. and say that, to the extent that we are a nation in "crisis," although i would not describe it as that because i believe that we can fundamentally overcome this and that we can do it in a fairly rational and reasonable way
solutions, and people lost confidence that the government knew what it was doing. they let one fail, they'd bail out another one, they'd let another one fail, back and forth. what's the policy? and so i think the crisis was terribly mishandled by secretary paulson is and the others involved in it. cheryl: i will say oneover the things, william, that he did do and, frankly, i've been on the air saying i thought it was the right move, letting lehman go, almost making that example of lehman brothers, putting the banks on notice, we're not going to be downtown at the new york fed negotiating last minute deals on sunday nights to save your behinds, basically. that was a pretty bold move by paulson. you wouldn't have done that same move that he made five years ago in. >> no, i think that when you're, when you have a crisis, the first obligation the government has is to calm the crisis, do whatever it takes to calm the crisis. and that's what we did in the 1980s. i would tell you, cheryl, the 1980s was far more threatening to the financial system and the economy than this episode in 2008. we act
Search Results 0 to 2 of about 3